Currency pair US Dollar to Swiss Franc USD/CHF continues to trade within the limits of the decline, but at the moment we should expect a rebound from the local minimum area and pair growth to the area above the level of 0.9850.
USD/CHF forecast Swiss Franc on May 26, 2017
In favor of the growth of the quotes of the US Dollar to Swiss Franc, a dense test of the upward trend line will appear on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a fall and breakdown of the area of 0.9690, which will indicate that the pair USD/CHF will continue to decline.
Important news from Switzerland, which may have an impact on the Swiss Franc against the US Dollar, is not expected, so the pair will continue to move in the technical analysis USD/CHF.
USD/CHF forecast Swiss Franc on May 26, 2017 suggests an attempt to rebound from the local minimum area with the aim of growth above the level of 0.9850, the breakdown will be a breakdown at the level of 0.9690.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link